Settlement does not follow.It is payment.
No clearing window. No reconciliation. No payout schedule.
In legacy payment infrastructure, settlement is a phase of its own. The processor receives the funds first and settles them to the merchant later — on its own schedule, under its own conditions. Two events, separated by time the merchant does not control.
In Tekmerion there is no such separation. The payment and its settlement are one on-chain event. There is no point at which the funds have been received by someone but not yet settled, because no one receives them in between.
An on-chain transaction is atomic. It executes in full or not at all — no partial completion, no processor-held state pending release, no clearing period laid on top. The event that moves the funds is the same event that completes them.
Settlement here is not the moment the funds become the merchant's. By then they already are — answerable to the merchant from the moment they landed. Settlement is the moment that control is carried out: the funds reach the merchant's wallet, and the result becomes final.
And the finality is not Tekmerion's to declare. It is inherited from the network. A payment is settled when the chain has settled it — on the network's terms, not a provider's. Tekmerion does not sit above that event with a settlement step of its own; it records the outcome the chain already made final.
So the apparatus a merchant learns to wait through has nothing to do here. No clearing window. No reconciliation pass. No payout schedule. No processor-controlled release — there is no processor holding the funds to release. Nothing administrative stands between the on-chain event and the funds being in the merchant's wallet.
In the legacy model, settlement is something the merchant waits to be granted.
Here the payment settles on-chain — there is nothing to grant, and nothing to wait for.